What is the ceiling of audit limit under companies act 1956?

as per companies act ,a ca can accept maximun 20 audits of public limited d com of which not more than 10 comapnides which have a paid up capita l of more than 25 lkhas

Ya it is corret and it should be read along with notification no.53/2001 , which indicates that the overall audit ceiling is 30 audit assignments.

YES IT IS RIGHT THAT A CA HAVING CERTIFICATE OF PRACTICE MAY AUDIT MAXM.20 PUBLIC LIMITED CO.BUT HE CAN AUDIT ANY NOS.OF PVT.LTD.COMPANY.

Can any one mail me schedule V part II of the companies act in PDF format or provide the link to download

thanks ramesh